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Ruled by Reason

Market Power and Digital Business Ecosystems: A Discussion of the Impact of Economic and Business Complexity on Competition Analysis and Remedies

Jul 12, 2021
43:18

In this podcast, AAI President Diana Moss sits down with her two co-authors of the report "Market Power and Digital Business Ecosystems: Assessing the Impact of Economic and Business Complexity on Competition Analysis and Remedies.” Moss, Greg Gundlach, and Riley Krotz discuss competition issues raised by the large digital business ecosystems (DBEs). The report takes a multidisciplinary approach--incorporating economics, law, and business theory and research. It fills an important gap by focusing on the DBEs’ unique business and economic features, takeaways from which should inform the enforcement and legislative debate over reining in their market power. As Moss, Gundlach, and Krotz explain in the podcast, the report reveals important caveats and cautions regarding the application of conventional competition analysis to DBEs, with implications for how competition enforcers and legislators assess market power and design remedies, particularly in the merger and monopolization contexts.

The report was made possible by a grant from the Omidyar Network Fund, Inc.

MODERATOR: Diana Moss, President, American Antitrust Institute GUESTS: Gregory T. Gundlach, Professor of Marketing, Coggin College of Business, University of North Florida Riley T. Krotz, Assistant Professor of Marketing, Texas Tech University

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